Taking fantasy sports from year long to week (or even day), daily fantasy offers an extremely unqiue betting opportunity when compared to traditional sports wagering. Fantasy sports basically consist of "drafting" a team in hopes their combined statistics throughout the year out-pace the rivals. In daily fantasy sports, one bad draft is nullified the following week or day when a new draft is held!
Daily fantasy sports have been around for nearly a decade in some form or fashion, but it wasn’t until the last few years that they exploded in popularity. Massive advertising campaigns and partnerships with American professional sports teams and leagues made the most prominent daily fantasy sports operators household names.
Fantasy sports are an American institution, one that has been around for nearly 40 years at this point. The games and how they are played have evolved over the years, going from the days of league commissioners poring over box scores and calculating statistics by hand to today’s versions where websites and mobile apps give players score updates in real time. While such changes were monumentally important to the growth of fantasy sports, they simply capitalized on newly available resources to create a simpler and more accessible platform, with the games themselves remaining largely the same. Eventually, however, came daily fantasy sports, a concept that represented a seismic shift in the industry.
Daily fantasy games were first invented in the mid-2000s, but it wasn’t until 2015 that they really exploded into the national consciousness. Ads for the top daily fantasy companies were ubiquitous, with a television commercial touting the services running on average every 90 seconds at one point. While the industry has significantly settled down since those dizzying highs, daily fantasy games are still a pastime beloved by many and feature robust player pools and official partnerships with major sports leagues such as the PGA, MLB, and the NBA.
Daily fantasy takes the concept behind traditional fantasy sports and shrinks down the competition length. So instead of drafting one team at the start of a sports’ season and then competing week after week against other teams, daily fantasy games allow players to engage in contests that can take as little as a single day. These players simply follow a set of guidelines to compile a team of real-world athletes and pit them against other teams that were assembled in the same fashion, and at the end of the day one player and his team emerge victorious.
The appeal for these contests is fairly obvious to anyone that has participated in a traditional fantasy sports league before. In a season long game so many things can go wrong, like high-cost stars getting hurt or players underperforming, and a team’s season can be torpedoed just weeks after it began, leaving the owner to slog through the rest of their schedule despite having no chance at championship glory. With daily fantasy games such concerns are gone, as once a bad day or week of competition ends, players can start over fresh and try to avoid previous missteps.
Most daily fantasy games borrow much of their format from the traditional “auction” style fantasy contests. This means that entrants in a contest are all given the same salary cap to work with, and there are costs attached to the real-world athletes eligible to be added to a player’s team. Players must then fill out every one of their open roster spots with athletes without going over their assigned budget. Once rosters have been filled out, all of the teams in a given competition are put into a single pool. Once the real-world games begin, the daily fantasy teams earn points based on the performance of the athletes on the roster, and at the end of the competition’s time frame prizes are awarded based on how many points teams have accumulated.
As has already been mentioned, daily fantasy games take place in a much more compressed timeframe, with competitions concluding in days instead of months. This accelerated gameplay is the main appeal of fantasy sports for many, as it allows them ample opportunity to engage in fantasy sports and take home cash and prizes. Another big difference is in exactly how players approach each game type. Whereas in traditional fantasy sports players generally limit the number of teams they have in a given season to just a few, and always only have one team in a given league or competition, daily fantasy players commonly enter multiple teams in competitions every day, including often entering multiple different teams into a single contest.
Daily fantasy sports have always painted themselves as a fair and competitive endeavor, banking on that differentiation keeping them classified separately from other forms of gambling. Pre-existing exceptions for fantasy sports were used initially as an argument for daily fantasy’s legality, but questions over the legitimacy of that claim has led many states to create legislation that addresses the industry head-on in one way or another. As a result, in the many states where daily fantasy has been declared legal there are strict regulatory and security standards that must be met that ensure the safety of the games and player information.
In America, it all depends on where someone lives when it comes to determining if daily fantasy games are legal and regulated, but for the majority of people the answer is yes. At present, only nine states bar daily fantasy games from accepting their citizens as players, meaning that in the other 41 there is at least some form of legal and regulated daily fantasy play available to anyone that wishes to participate.
Players can also choose the style of contest they want to compete in. Most sites offer a wide variety of play types and entry costs. Some of the most common games are:
While baseball is the original fantasy sport, NFL is unquestionably the most popular fantasy game around these days, and has been for years. As such, football has always been at the forefront of the daily fantasy industry, with most of the industry’s top events and prizes given out for success in that sport. That being said, there is a tremendous variety of other sports that daily fantasy games are available for. Games exist for the rest of America’s Big Four leagues, the NBA, MLB, and NHL, but things don’t end there. Daily fantasy golf, soccer, and even eSports mainstay League of Legends can all be found at various daily fantasy sports. Finally, it is worth noting that one of the most popular of all daily fantasy sports in America is one of the most American pastimes around in NASCAR.
Get free bonuses, bets, tips and strategy, every week, in your inbox 9500+ punters trust us with their email
DISCLAIMER: Online Wagering is illegal in some Jurisdictions.
It is your responsibility to check your local regulations before
playing online. GDC Trading Ltd takes no responsibility for your
© 2011-2018 GDC Trading Limited. All Rights Reserved. Gambling.com is a registered trademark of GDC Trading Limited.